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RISK MANAGEMENT <br /> <br />A Division of the North Dakota Office of Management & Bud,~et <br /> <br />CERTIFICATE OF FINANCIAL RESPONSIBILITY <br /> <br />THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS <br />NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT <br />AMEND, EXTEND OR ALTER THE LIABILITIES ASSUMED BY THE STATE OF NORTH <br />DAKOTA OR THE COVERAGES THAT MAY BE AFFORDED BY ANY INSURANCE <br />CARRIERS OR SELF-INSURED FUNDS. <br /> <br />LIABILITY OF THE STATE IS CREATED AND LIIVlITED BY ENACTMENT OF CHAPTER <br />32-12.2 OF THE NORTH DAKOTA CENTURY CODE. AS OF APRIL 22, 1995, ALL TERMS, <br />CONDITIONS, STATLYTES OF LIMITATIONS APPLY AS OUTLINED THEREIN. <br />DAMAGES THAT MAY BE PAID WITHOUT SPECIFIC LEGISLATIVE AUTHORITY FOR <br />EVENTS OCCURRING PRIOR TO AUGUST 1, 1997, ARE $250,000 PER PERSON AND <br />$750,000 PER OCCURRENCE: ON OR AFTER AUGUST 1, 1997, ~PERSON <br />AND $1,000,000 PER OCCURRENCE. <br /> <br />THE STATE OF NORTH DAKOTA HAS FUNDED FOR THIS LIABILITY EXPOSURE AT A <br />LEVEL DETERMINED BY AN INDEPENDENT ACTUARY. <br /> <br />DESCRIPTION OF OPERATIONS/LOCATIONS/VEHICLES/SPECIAL ITEMS: <br /> <br />North Dakota Department of Transportation. <br /> <br />THIS CEKIIklCATE IS ISSUED TO: <br /> <br />To Whom it May Concern <br /> <br />ON THIS DATE OF: <br /> <br />April 16, 1998 <br /> <br />BY: <br /> <br />MANAGEMENT AND BUDGET <br /> <br />600 E. Boulevard Ave. - 18'" Floor · Bismarck, North Dakota 58505-1800 · Telephone: 701-328-1889 · Fax: 701-328-1955 <br /> <br /> <br />